SCHI vs. BND
SCHI (Schwab 5-10 Year Corporate Bond ETF) and BND (Vanguard Total Bond Market ETF) are both exchange-traded funds - SCHI is a Corporate Bonds fund tracking the Bloomberg US 5-10 Year Corporate Bond Index, while BND is a Total Bond Market fund tracking the Bloomberg U.S. Aggregate Float Adjusted Index. Both are passively managed. Over the past 5 years, SCHI returned 0.84%/yr vs -0.30%/yr for BND. Their correlation of 0.92 means they have usually moved in the same direction. Both charge a 0.03% expense ratio.
Performance
SCHI vs. BND - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SCHI achieves a 0.13% return, which is significantly higher than BND's 0.10% return.
SCHI
- 1D
- 0.50%
- 1M
- -0.54%
- 6M
- 0.04%
- YTD
- 0.13%
- 1Y
- 2.81%
- 3Y*
- 6.08%
- 5Y*
- 0.84%
- 10Y*
- —
- ALL TIME*
- 2.10%
BND
- 1D
- 0.40%
- 1M
- -0.57%
- 6M
- -0.04%
- YTD
- 0.10%
- 1Y
- 2.34%
- 3Y*
- 4.18%
- 5Y*
- -0.30%
- 10Y*
- 1.44%
- ALL TIME*
- 3.02%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $475.81M | $507.50M | $591.13M | |
| $44.99M | $42.97M | $59.52M |
SCHI vs. BND - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
SCHI Schwab 5-10 Year Corporate Bond ETF | 0.13% | 9.47% | 3.32% | 8.97% | -14.06% | -1.85% | 9.74% | 0.83% |
BND Vanguard Total Bond Market ETF | 0.10% | 7.08% | 1.38% | 5.65% | -13.11% | -1.86% | 7.71% | -0.29% |
Correlation
The correlation between SCHI and BND is 0.95, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.95 |
Correlation (3Y) Balances recent behavior with more history. | 0.96 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.95 |
Correlation (All Time) Calculated using the full available price history since Oct 10, 2019 | 0.92 |
The correlation between SCHI and BND has been stable across timeframes, ranging from 0.92 to 0.96 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SCHI vs. BND — Risk / Return Rank
SCHI
BND
SCHI vs. BND - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab 5-10 Year Corporate Bond ETF (SCHI) and Vanguard Total Bond Market ETF (BND). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SCHI | BND | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.05 | ||
| Sortino ratioReturn per unit of downside risk | +0.07 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.11 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.94 | 0.88 | +0.06 |
| Martin ratioReturn relative to average drawdown | 2.63 | 2.17 | +0.46 |
Loading charts...
Drawdowns
SCHI vs. BND - Drawdown Comparison
The maximum SCHI drawdown since its inception was -20.67%, which is greater than BND's maximum drawdown of -18.58%. Use the drawdown chart below to compare losses from any high point for SCHI and BND.
Loading charts...
Drawdown Indicators
| SCHI | BND | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.67% | -18.58% | -2.09% |
Max Drawdown (1Y)Largest decline over 1 year | -3.01% | -2.68% | -0.33% |
Max Drawdown (3Y)Largest decline over 3 years | -5.30% | -4.81% | -0.49% |
Max Drawdown (5Y)Largest decline over 5 years | -20.46% | -17.81% | -2.65% |
Max Drawdown (10Y)Largest decline over 10 years | — | -18.58% | — |
Current DrawdownCurrent decline from peak | -1.42% | -2.53% | +1.11% |
Average DrawdownAverage peak-to-trough decline | -5.60% | -3.06% | -2.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.07% | 1.08% | -0.01% |
Volatility
SCHI vs. BND - Volatility Comparison
Schwab 5-10 Year Corporate Bond ETF (SCHI) has a higher volatility of 1.27% compared to Vanguard Total Bond Market ETF (BND) at 1.11%. This indicates that SCHI's price experiences larger fluctuations and is considered to be riskier than BND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SCHI | BND | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.27% | 1.11% | +0.16% |
Volatility (6M)Calculated over the trailing 6-month period | 3.36% | 2.93% | +0.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.08% | 3.63% | +0.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.68% | 6.03% | +0.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.34% | 5.53% | +1.81% |
SCHI vs. BND - Expense Ratio Comparison
Both SCHI and BND have an expense ratio of 0.03%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
SCHI vs. BND - Dividend Comparison
SCHI's dividend yield for the trailing twelve months is around 5.10%, more than BND's 4.03% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BND Vanguard Total Bond Market ETF | 4.03% | 3.86% | 3.67% | 3.09% | 2.60% | 2.12% | 2.38% | 2.72% | 2.81% | 2.54% | 2.51% | 2.57% |
SCHI Schwab 5-10 Year Corporate Bond ETF | 5.10% | 4.99% | 5.11% | 4.27% | 3.10% | 1.93% | 2.31% | 0.53% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.95, SCHI and BND move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
SCHI has higher volatility (1.27%) compared to BND (1.11%). In terms of maximum drawdown, SCHI dropped -20.67% vs BND's -18.58%.
On 5-year performance, SCHI leads with 0.84% vs -0.30% for BND. Both ETFs have the same 0.03% expense ratio. On volatility, BND has been the lower-risk option at 1.11%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, SCHI has performed better with a 0.84% return vs -0.30%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SCHI and BND have the same expense ratio: 0.03% per year.
SCHI has the higher dividend yield at 5.10%, compared with 4.03% for BND.
SCHI is categorized as Corporate Bonds, while BND is Total Bond Market. SCHI tracks Bloomberg US 5-10 Year Corporate Bond Index, while BND tracks Bloomberg U.S. Aggregate Float Adjusted Index. They also come from different issuers: Charles Schwab and Vanguard.
SCHI currently has the higher Sharpe Ratio (0.69 vs 0.65), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for SCHI and BND
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer